Which one of the following definitions, is correct ?

The ratio of total debt to share holder's equity is called 'debt ratio'.

The ratio debt-to-total assests is called Debt-to-total assest ratio.

The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period, is called interest coverage ratio.

Each financial ratio is generally compared by

a past ratio calculated from the past financial standard of the firm.

a ratio developed by using the projected financial statement of the firm.

a ratio of some selected firms most progressive and successful at the point of consideration.

Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

To have a check on a definitive cost estimate.

To check qoutations from contractors and/or sub contractors.

To compute target estimate for the owner while drawings and specifications are in initial stage.

payment at equal time intervals

A project construction cost estimate includes:

the equipment and over head cost

The sunk costs include :

an invested capital that cannot be retreived

The key to profitable operation for project cost control, is :

To keep the project cost equal to original cost estimate.

To keep the project cost equal to subsequent construction budget.

To keep the project cost within the cost budget and knowing when and where job costs are deviating.

The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

8% is the rate of interest per year

money is borrowed for n = 7 years

Which one of the following questions is relevant to the construction estimates :

Did the estimators precisely evaluate site conditions ?

Did the estimators use short cut methods which may be un realistic in their situation ?

How much money will the contractor's risk, loosing if he Were to submit bid on the raw estimate of cost.

Pick up the correct statement regarding financial statement analysis from the following.

Final analysis always involves the use of various financial statements i.e., balance sheet and income statement.

The balance sheet is the summary of assests, liabilities and owner's equity of business at a point in time.

The income statement is the summary of revenues and expenses of a firm over a particular period of time.

In a cash-flow diagram :

Time 0 is considered to be the present

Time 1 is considered to be the end of time period 1

A vertical arrow pointing up indicates a positive cash flow

The financial analysis :

helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment.

helps a bank to know the financial position of the firm for granting a loan to the firm.

helps to judge the success of the firm's financial plans.

If a seller recovers his capital along with accumulated compensating interest not in one single lumpsum payment but in periodical equal payments, over time :

Present work Annuity is availed

Capital Recovery Annuity fs availed

Present work Annuity is availed

Sinking Fund Annuity is availed

The financial analysis helps to judge:

The operational efficiency of the firm

The financial position of the firm.

In the cash flow diagram shown in the given figure

The first disbursement occurs at the end of year 2

The second disbursement occurs at the end of year 4

The first receipt occurs at the end of year 1

In the cash-flow diagram shown in the given figure

Equal deposits of Rs 3000 per year (A) are made, starting now

The rate of interest is 10% per year account

The amount accumulated after the seventh deposit is to be computed

Which bill is being cleared by the Union Minister Arun Jaitley and to be implemented at July?

Goods and Service Tax Bill (GST)

888 + Mcqs in Economy in Current Affairs Page 16 McqOptions

751.	The wages of supervisors and material handlers are charged as :
A.	Over head
B.	direct labour cost
C.	indirect labour cost
D.	None of these
Answer» B. direct labour cost

Discussion

752.	Which one of the following definitions, is correct ?
A.	The ratio of total debt to share holder's equity is called 'debt ratio'.
B.	The ratio debt-to-total assests is called Debt-to-total assest ratio.
C.	The ratio of earnings before interest and taxes for a particular reporting period to the amount of interest charges for the period, is called interest coverage ratio.
D.	All of these
Answer» E.

Discussion

753.	Each financial ratio is generally compared by
A.	a past ratio calculated from the past financial standard of the firm.
B.	a ratio developed by using the projected financial statement of the firm.
C.	a ratio of some selected firms most progressive and successful at the point of consideration.
D.	All of these
Answer» E.

Discussion

754.	Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
A.	To have a check on a definitive cost estimate.
B.	To check qoutations from contractors and/or sub contractors.
C.	To compute target estimate for the owner while drawings and specifications are in initial stage.
D.	All of these.
Answer» E.

Discussion

755.	Annuities involve:
A.	a series of payments
B.	all payments of equal amount
C.	payment at equal time intervals
D.	All of these
Answer» E.

Discussion

756.	The product of CAF (S P) and PWF (S P) is:
A.	1/2
B.	1
C.	1/3
D.	1/4
Answer» C. 1/3

Discussion

757.	A project construction cost estimate includes:
A.	the labour and material cost
B.	the equipment and over head cost
C.	the profit of the contractor
D.	All of these
Answer» E.

Discussion

758.	Renu Bala deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, she will receive an amount of Rs X 10 years from now, where X is
A.	Rs 3415
B.	Rs 4225
C.	Rs 4413
D.	Rs 4826
Answer» D. Rs 4826

Discussion

759.	The person desires to pay off the amount in 10 equal annual instalments. The amount of each instalment is :
A.	Rs 5638
B.	Rs 6638
C.	Rs 7738
D.	None of these
Answer» B. Rs 6638

Discussion

760.	The sunk costs include :
A.	a past expenditure
B.	an unrecovered balance
C.	an invested capital that cannot be retreived
D.	All of these
Answer» E.

Discussion

761.	The key to profitable operation for project cost control, is :
A.	To keep the project cost equal to original cost estimate.
B.	To keep the project cost equal to subsequent construction budget.
C.	To keep the project cost within the cost budget and knowing when and where job costs are deviating.
D.	None of these
Answer» D. None of these

Discussion

762.	The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
A.	Conceptual estimate
B.	Definitive estimate
C.	Probabilistic estimate
D.	None of these
Answer» C. Probabilistic estimate

Discussion

763.	Earning per share is the most important ratio for
A.	share holders
B.	banks
C.	company's management
D.	All of these
Answer» E.

Discussion

764.	Both architect and engineer make use of the cost estimate of the project:
A.	for site selection
B.	for designing of the project
C.	for choosing alternatives
D.	All of these
Answer» E.

Discussion

765.	The ratio obtained by dividing 'quick assests' by current liabilities is called
A.	Turnover ratio
B.	Acid test ratio
C.	Solvency ratio
D.	None of these.
Answer» C. Solvency ratio

Discussion

766.	The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A.	8% is the rate of interest per year
B.	money is borrowed for n = 7 years
C.	both (a) and (b)
D.	Neither (a) nor (b)
Answer» D. Neither (a) nor (b)

Discussion

767.	Pick up the correct method adopted for developing the approximate or conceptual estimates from the following :
A.	Base unit method
B.	Cost per function method
C.	Cost per square metre
D.	All of these
Answer» E.

Discussion

768.	The more critical (or severe) test of the firm's liquidity can be judged by :
A.	Liquidity ratio
B.	Current ratio
C.	Acid-Test (or Quick) ratio
D.	Debts ratio
Answer» D. Debts ratio

Discussion

769.	Which one of the following questions is relevant to the construction estimates :
A.	Did the estimators precisely evaluate site conditions ?
B.	Did the estimators use short cut methods which may be un realistic in their situation ?
C.	How much money will the contractor's risk, loosing if he Were to submit bid on the raw estimate of cost.
D.	All of these
Answer» E.

Discussion

770.	Pick up the correct statement regarding financial statement analysis from the following.
A.	Final analysis always involves the use of various financial statements i.e., balance sheet and income statement.
B.	The balance sheet is the summary of assests, liabilities and owner's equity of business at a point in time.
C.	The income statement is the summary of revenues and expenses of a firm over a particular period of time.
D.	All the above
Answer» E.

Discussion

771.	In a cash-flow diagram :
A.	Time 0 is considered to be the present
B.	Time 1 is considered to be the end of time period 1
C.	A vertical arrow pointing up indicates a positive cash flow
D.	All of these
Answer» E.

Discussion

772.	The financial analysis :
A.	helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment.
B.	helps a bank to know the financial position of the firm for granting a loan to the firm.
C.	helps to judge the success of the firm's financial plans.
D.	All of these.
Answer» E.

Discussion

773.	Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:
A.	Liquidity ratio
B.	Financial leverage ratio
C.	Activity ratio
D.	None of these
Answer» E.

Discussion

774.	If a seller recovers his capital along with accumulated compensating interest not in one single lumpsum payment but in periodical equal payments, over time :
A.	Capital Recovery Annuity fs availed
B.	Present work Annuity is availed
C.	Sinking Fund Annuity is availed
D.	Sinking Fund Annuity is availed
Answer» B. Present work Annuity is availed

Discussion

775.	Current ratio is :
A.	A
B.	B
C.	C
D.	D
Answer» B. B

Discussion

776.	Present worth Annuity (PWA) is generally known as
A.	Premium annuities
B.	Income annuities
C.	Future annuities
D.	All of these
Answer» E.

Discussion

777.	The financial analysis helps to judge:
A.	The operational efficiency of the firm
B.	The financial position of the firm.
C.	Both (a) and (b)
D.	Neither (a) nor (b)
Answer» D. Neither (a) nor (b)

Discussion

778.	If P is principal amount, i is the rate of interest per annum and n is the number of periods in years, the compound amount factor (CAF) is :
A.	A
B.	B
C.	C
D.	D
Answer» B. B

Discussion

779.	In the cash flow diagram shown in the given figure
A.	The first disbursement occurs at the end of year 2
B.	The second disbursement occurs at the end of year 4
C.	The first receipt occurs at the end of year 1
D.	All of these
Answer» E.

Discussion

780.	Pick up the correct statement from the following:
A.	A
B.	B
C.	Both C and D
D.	All of these
Answer» E.

Discussion

781.	If S is the future capital accumulated in n years at the rate of interest i per annum, then present worth is :
A.	A
B.	B
C.	C
D.	D
Answer» B. B

Discussion

782.	The capital Recovery Factor (equal payments) of Capital Recovery Annuity is :
A.	A
B.	B
C.	C
D.	D
Answer» B. B

Discussion

783.	If interest is paid more than once in a year, i is the rate of interest per year, n is the number of periods in years and m is a number of periods per years, compound amount factor (CAF) is :
A.	A
B.	B
C.	C
D.	D
Answer» B. B

Discussion

784.	Pick up the correct statement from the following:
A.	A
B.	B
C.	C
D.	D
Answer» D. D

Discussion

785.	In the cash-flow diagram shown in the given figure
A.	Equal deposits of Rs 3000 per year (A) are made, starting now
B.	The rate of interest is 10% per year account
C.	The amount accumulated after the seventh deposit is to be computed
D.	All of these
Answer» E.

Discussion

786.	Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is :
A.	Rs 10000 per year
B.	Rs 15000 per year
C.	Rs 20000 per year
D.	Rs 25000 per year
Answer» E.

Discussion

787.	What is the India's GDP forecast for 2017, as per latest UN report "The Economic and Social Survey of Asia and the Pacific 2017"?
A.	0.075
B.	0.071
C.	0.073
D.	0.076
Answer» C. 0.073

Discussion

788.	What is the rate of India's GDP in 2017-18 as per FICCI survey?
A.	0.074
B.	0.072
C.	0.078
D.	0.075
Answer» B. 0.072

Discussion

789.	What is the GST rate for Capital goods and industrial intermediaries?
A.	0.15
B.	0.18
C.	0.17
D.	0.1
Answer» C. 0.17

Discussion

790.	Which country retained as the world's top most greenfield FDI investment destination?
A.	India
B.	Afghanistan
C.	France
D.	Ireland
Answer» B. Afghanistan

Discussion

791.	Which bill is being cleared by the Union Minister Arun Jaitley and to be implemented at July?
A.	Redemption tax bill
B.	Goods and Service Tax Bill (GST)
C.	Supplemental Property Tax Bill
D.	Estate tax Bill
Answer» C. Supplemental Property Tax Bill

Discussion

792.	India's GDP growth rate in 2018, as per latest World Bank's Global Economic Prospects (GEP) report is?
A.	0.075
B.	0.077
C.	0.072
D.	0.076
Answer» B. 0.077

Discussion

793.	For how many items, GST Council reduce the Tax rate?
A.	64
B.	66
C.	63
D.	62
Answer» C. 63

Discussion

794.	The GST tax rate on gold jewellery is reduced to?
A.	0.09
B.	0.08
C.	0.05
D.	0.04
Answer» D. 0.04

Discussion

795.	What is the growth rate of India according to the BMI Research report?
A.	0.081
B.	0.055
C.	0.072
D.	0.069
Answer» E.

Discussion

796.	Gifts from employers to employees worth up to __________ will not attract the Goods and Services Tax.
A.	Rs. 25,000
B.	Rs. 75,000
C.	Rs. 50,000
D.	Rs. 80,000
Answer» D. Rs. 80,000

Discussion

797.	According to the report of centre _______ lakh GSTIN registration have been done till 18th of this month.
A.	73.55
B.	75.55
C.	77.55
D.	79.55
Answer» D. 79.55

Discussion

798.	How many percentage of GST applicable on selling of space for advertisement in Print Media?
A.	0.07
B.	0.06
C.	0.05
D.	0.09
Answer» D. 0.09

Discussion

799.	The income limit defining 'creamy layer' for OBC reservation has been raised to
A.	5 lakh per annum
B.	8 lakh per annum
C.	9 lakh per annum
D.	6 lakh per annum
Answer» C. 9 lakh per annum

Discussion

800.	According to DBS India's GDP growth likely to slip below how much % this financial year?
A.	0.078
B.	0.072
C.	0.07
D.	0.075
Answer» D. 0.075

Discussion

Explore topic-wise MCQs in Current Affairs.

The wages of supervisors and material handlers are charged as :

Which one of the following definitions, is correct ?

Each financial ratio is generally compared by

Pick up the correct reason for making conceptual (or preliminary) estimate from the following:

Annuities involve:

The product of CAF (S P) and PWF (S P) is:

A project construction cost estimate includes:

Renu Bala deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, she will receive an amount of Rs X 10 years from now, where X is

The person desires to pay off the amount in 10 equal annual instalments. The amount of each instalment is :

The sunk costs include :

The key to profitable operation for project cost control, is :

The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Earning per share is the most important ratio for

Both architect and engineer make use of the cost estimate of the project:

The ratio obtained by dividing 'quick assests' by current liabilities is called

The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

Pick up the correct method adopted for developing the approximate or conceptual estimates from the following :

The more critical (or severe) test of the firm's liquidity can be judged by :

Which one of the following questions is relevant to the construction estimates :

Pick up the correct statement regarding financial statement analysis from the following.

In a cash-flow diagram :

The financial analysis :

Pick up the ratio which gives us sufficient information by which to judge the financial condition and performance of the firm, from the following:

If a seller recovers his capital along with accumulated compensating interest not in one single lumpsum payment but in periodical equal payments, over time :

Current ratio is :

Present worth Annuity (PWA) is generally known as

The financial analysis helps to judge:

If P is principal amount, i is the rate of interest per annum and n is the number of periods in years, the compound amount factor (CAF) is :

In the cash flow diagram shown in the given figure

Pick up the correct statement from the following:

If S is the future capital accumulated in n years at the rate of interest i per annum, then present worth is :

The capital Recovery Factor (equal payments) of Capital Recovery Annuity is :

If interest is paid more than once in a year, i is the rate of interest per year, n is the number of periods in years and m is a number of periods per years, compound amount factor (CAF) is :

Pick up the correct statement from the following:

In the cash-flow diagram shown in the given figure

Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is :

What is the India's GDP forecast for 2017, as per latest UN report "The Economic and Social Survey of Asia and the Pacific 2017"?

What is the rate of India's GDP in 2017-18 as per FICCI survey?

What is the GST rate for Capital goods and industrial intermediaries?

Which country retained as the world's top most greenfield FDI investment destination?

Which bill is being cleared by the Union Minister Arun Jaitley and to be implemented at July?

India's GDP growth rate in 2018, as per latest World Bank's Global Economic Prospects (GEP) report is?

For how many items, GST Council reduce the Tax rate?

The GST tax rate on gold jewellery is reduced to?

What is the growth rate of India according to the BMI Research report?

Gifts from employers to employees worth up to __________ will not attract the Goods and Services Tax.

According to the report of centre _______ lakh GSTIN registration have been done till 18th of this month.

How many percentage of GST applicable on selling of space for advertisement in Print Media?

The income limit defining 'creamy layer' for OBC reservation has been raised to

According to DBS India's GDP growth likely to slip below how much % this financial year?